Neiman's Biggest Sale, Irving Imam Threatened, Masturbation Bill: Your Tuesday Evening News Roundup

Good evening. Here are some stories you may have missed today. Do you want to get this roundup via email? Sign up for our newsletters here. Luxury retailer Neiman Marcus puts itself up for saleAfter reporting its sixth consecutive quarter of sales declines, Neiman Marcus said Tuesday that it's exploring all options, including a sale of the company. A sale has been rumored for some time. There's no timetable for evaluating its options, the company said. For 110 years, Neiman Marcus has not only given Dallas its fashion cachet, but it's also been the catalyst for growth of a large number of local businesses. The sale or break up of Neiman's could have ripple effects far from its downtown flagship store. Neiman Marcus has more than 4,000 employees in Dallas. Last week: Neiman Marcus hired an investment banking firm to help it restructure its debt, but was in no immediate risk of bankruptcy, according to Reuters. In January: Neiman Marcus decided not to go forward with its plan for an initial public offering.   Continue reading...

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